Ethereum Under Pressure? Exchange Inflows Spike as ETF Demand Slows

Ethereum inflows into centralized exchanges surged sharply in early July, which could worry investors hoping for an ETH recovery. Below are on-chain signs suggesting that many whales might be looking to sell, just as ETH ETF inflows show signs of slowing. Ethereum Moves to Exchanges — What Do Analysts Say? According to data from CryptoQuant, on July 1, 2025, nearly 100,000 ETH, worth about $250 million, were deposited into Binance. This marks the highest single-day inflow to the exchange over the past month source: https://beincrypto.com/eth-exchange-inflows-hit-monthly-high/